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What was the trin statistic for that day

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Reference no: EM132528716

The following table contains data on market advances and declines.

Market Advances and Declines

Day Advances(in millions) Declines(in millions)

1 925 723

2 708 1,048

3 713 808

4 507 987

5 516 1,064

6 964 723

7 1,024 618

8 922 745

9 869 741

10 785 785

a. If the trading volume in advancing shares on day 1 was 3.0 billion shares, while the volume in declining issues was 2.8 billion shares, what was the trin statistic for that day? (Do not round intermediate calculations. Round your answer to 4 decimal places.)

Trin Statistic:

b. Was trin bullish or bearish?

Bearish
Bullish

Reference no: EM132528716

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